Old Lv in the crypto circle says: After the double kill of Ethereum's long and short positions, the market outlook is bullish, and for Bitcoin, pay attention to 109700.

CN
3 hours ago

Hello everyone, I am Lao Lv. The market in the past few days has clearly shown a double kill for both bulls and bears! Not only did I, Lao Lv, not benefit, but I believe the entire market is the same. This is no longer a matter of technique; it is clear that the market makers want to wipe you out. Whether you are long or short, as long as you are caught in the middle, you are basically facing stop-losses. Both sides seem to be breaking, but in the end, it’s all just a false break. First, let’s summarize yesterday’s issues, and then analyze today’s technical aspects. Yesterday, we predicted that there would be a pullback in the evening, but this pullback shouldn’t be too large. The maximum pullback for Ethereum is 3466, and for Bitcoin, it’s 103484. In the end, we were played again! Not only did it drop, but it also broke the starting point, clearly aiming to liquidate all the long positions. Otherwise, how could it rise? Fortunately, yesterday it did not break our support line of the upward channel at 3350 USD. After the big drop last night, we continue to hold a bullish outlook and advised our students to place orders at 3350 USD to continue looking bullish. Although the price slightly missed this order, some friends asked, "Lao Lv, you are so stubborn. Even after such a drop, you still want to remain bullish?" This is faith, and faith is like a mountain; once you are firm, don’t easily climb over it. However, just having faith doesn’t seem enough; let’s see what the technicals say.

For Ethereum, during the daytime yesterday, there was a continuous upward movement with bullish candles. According to the upward cycle, the evening pullback should be a buying opportunity. However, we overlooked an important issue: the repetitiveness of the market waves. Although we had foresight about this trend, we ultimately gave up our original persistence. Yesterday, we also mentioned that this long position definitely belongs to aggressive trades because it did not pull back to the bottom of the upward channel. After the drop yesterday, it approached the support at 3350 USD, which can be seen as filling the missing channel line. Therefore, the next phase could be the bulls' power period. Sometimes it’s like this; if the thinking is correct but the rhythm is off, it’s still a loss. So, both aspects are indispensable! However, from the hourly chart of Ethereum, there is indeed a short-term downward channel, but on the four-hour chart, this upward channel is being constructed, and last night’s drop was just a bottom-finding move. As shown in the image below, you will understand at a glance!

Today, if the downtrend continues, the price will not break 3460 USD, which is the strong resistance from the price rebound early yesterday morning. After the morning surge to this price, there was a second significant drop, but it still rebounded from our support at 3350 USD. Therefore, in the face of the major cycle support, the minor cycle resistance is being broken. According to the top-bottom conversion and the current washing rhythm, the price is likely to continue testing upwards to 3575, and then continue to pull back to test the support at 3452. Tonight, if the price wants to break above 3650, the pullback cannot break below this level. The strongest support below is around 3369, which is today’s starting point. If this level is broken, the upward channel will be damaged, and the price will continue to probe below 3130. So remember this watershed for the long-short transition at 3369; this is also the last line of defense supporting our bullish faith.

Stubbornly continue to stand with Ethereum at 3452 long.

For Bitcoin, wait for an opportunity to short at 109700.

Today: Written by Lao Lv at 3:00 PM on November 13, 2025. Note that all strategies are effective once and cannot be reused! Follow the WeChat public account: Please call me Lao Lv from the crypto circle.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink